Rishi Sunak’s demise was sealed long before he ever threw his hat in the ring September 1, 2022 It is a spectacular fall from grace, and one that began long before this leadership election began.
It’s time to ignore the Nimbys tucked up in to bed by 10pm and re-pedestrianise Soho September 1, 2022 It’s not simply a question of unfairness to young people - though it is for anyone who doesn’t want to be tucked up in bed with a Horlicks at 11 - it’s also damaging to London’s economy.
A recession will test the firms which used diversity plans merely as a way to look good September 1, 2022 During periods of hypergrowth, it’s easy for companies to make hires that “look good”.
Liz Truss or Rishi Sunak face once in a century living standards crisis September 1, 2022 Liz Truss or Rishi Sunak are set to oversee the steepest fall in living standards in a century after one of them enters Number 10 next Monday, a fresh report published today reveals. Brits are on course to be £3,000 worse off by the end of 2024 as soaring energy bills and inflation eat into [...]
London’s FTSE 100 edges lower as economic gloom knocks risk appetite August 31, 2022 London’s FTSE 100 posted a damp day today driven by economic gloom hitting investors’ risk appetite. The capital’s premier index dropped 1.05 per cent to 7,284.15 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.45 per cent to 19,063.75 points. A recent string [...]
Train drivers to strike on 15 September August 31, 2022 Train drivers at 12 companies will walk out on 15 September in a dispute over pay. Disruption will affect services on Avanti West Coast, Chiltern Railways, CrossCountry, Greater Anglia, Great Western Railway, Hull Trains, LNER, London Overground, Northern Trains, Southeastern, TransPennine Express, and West Midlands Trains. The union said the operators had forced the workers’ [...]
Recession will hike oil surplus this year, warns OPEC+ report August 31, 2022 There will be a bigger surplus in the oil market this year as rising energy costs, tighter monetary policy and recession fears weigh down demand.
£48,247 is the highest salary the average young Brit expects to earn, ever August 31, 2022 What did you want to be when you grow up? It’s the classic question posed to children by parents and teachers around the world. The typical response usually cites career aspirations such as becoming a firefighter, doctor, nurse, sportsperson, and an astronaut, of course. But, as children become young adults ready to embark on their chosen [...]
European Central Bank could be forced into 75 basis point hike to tame record inflation August 31, 2022 The European Central Bank could be forced to hike interest rates by a historic 75 basis points next week to tame the largest inflation surge on record, economists bet today. The monetary authority governing the 19 countries using the euro may have to respond strongly or risk elevated prices being embedded into the bloc’s economy [...]
Sainsbury’s to pump tens of millions into its prices to offset inflation pressure on Brits August 31, 2022 Sainsbury’s said this morning the supermarket giant plans to invest £65m into its pricing next month amid ratcheting pressure on customers’ budgets. Simon Roberts, chief executive of the supermarket chain, promised the brand will stand with its customers “to ease the financial pressure they face”. The latest pricing pledge – which is part of wider [...]